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Published on Friday, December 18, 2015 | Updated on Friday, December 18, 2015

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Market Comment | Fed’s dovish tone offsets extended falls in commodity prices

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Summary

The BoJ extended the average maturity of the JGB purchases. The BOJ decided to maintain its overall target of annual asset purchases at around JPY80trn, but it will extend the average remaining maturity of the Bank’s JGB purchases from 7-10 to 7-12 years from 2016. The central bank also announced that it “will purchase exchange-traded […]

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